The Opportunity:

Seeking a highly motivated individual to join the investment team in the role of a junior fixed income trader. Our fixed income & credit alternative strategies provide actively managed, global exposures in a non-equity correlated asset class. Our strategies aim to protect against interest rate risk.

Guarding against the potential loss of capital that could occur if interest rates rise and, as a direct result, bond prices fall. In addition, we actively manage the credit and geographic exposures of each of our strategies. With a focus on absolute returns and low correlations to equity markets, these strategies form an important part of our clients’ asset mix.

Responsibilities

- Monitor and work closely with portfolio managers on cash management activities for fixed income funds as well as required segregated accounts.

- Monitor day-to day administrative issues in support of trading activities as well as daily pnl reconciliation.

- Monitor market activity in global fixed income markets, and pro-actively contribute views and commentary to enhance the investment process.





- Work in conjunction with Portfolio Managers/Traders to formulate and recommend profitable trade ideas for various trading strategies.

- Monitor risk to ensure that hedging and cash balances are maintained within fund limits

- Engage with internal technology and analytics groups to enhance systems, analytics and trading activity.

Qualifications

- Undergraduate/Graduate Degree(s) in relevant subject such as Business, Economics, Mathematics, Engineering.

- CFA (or enrollment in program) and/or CA highly regarded

- Understanding of bond formulas, basics of credit/rate derivatives, macro risk factors and implications for risk management.

- Exceptional understanding of fixed income markets and valuation analysis

- Effective communication skills and demonstrated ability to work with multiple partners and stakeholders

- Positive and efficient approach to market challenges

- Highly computer literate, with advanced spreadsheet skills.

- Robust work ethic with high level of self-motivation and ability to work well within the team environment

📌 Junior Fixed Income Trader (Toronto)
🏢 Bay Street Staffing
📍 Toronto